Minerd Sees a ‘Long Haul’ to Get Unemployment Back Where It Was

The video discusses the potential for rolling shutdowns over two years and their impact on unemployment, projecting rates between 14% and 17%, with a slow recovery expected. It highlights the changing interaction between business and government, emphasizing the need for long-term plans to reduce unemployment. The video also addresses social inequality, criticizing government policies for ignoring unintended consequences and warning against unproductive solutions like dramatic tax increases.

What does the speaker believe is necessary to address the inequality issue effectively?

What long-term economic reforms does the speaker suggest instead of raising taxes?